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Directory of HR Terms Courtesy Jobnet's Job Consultants List |
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Directory of HR Terms Courtesy Jobnet's Job Consultants List in India
BALLOT: 1. an election where people vote for someone by marking a cross on a paper with a list of names
2. a vote where voters decide on an issue by marking a piece of paper
3. a selection made by taking papers at a random out of box
BALLOT BOX: a sealed box into which ballot papers are put
BALLOT PAPER: a paper on which the voter marks a cross to show who they
want to vote for
BAN: An order which forbids someone from doing something. A ban on
ragging in colleges. (NOTE: banning - banned)
BANDWIDTH: limits such as upper and lower performance levels or work hours that define a range.
BANK: A business which hold money for its clients, lends money at
interest, and trades generally in money
BANK ACCOUNT: an account which a customer has with a bank, where the
customer can deposit and withdraw money. To open or close a bank account
BANKING: the business of banks
BANKRUPT: a person who has been declared by a court not to be capable of
paying their debts and whose affairs are put into the hands of a receiver.
BANKRUPTCY: the state of being bankrupt. In UK, 'bankruptcy' is applied
only to individual persons, but in the USA the term is also applied to
corporations. In the UK, a bankrupt cannot hold public office (for example, they
cannot be elected an MP) and cannot be the director of a company. They also
cannot borrow money. In the USA, there are two types of bankruptcy:
'involuntary', where the creditors ask for a person or corporation to be made
bankrupt; and 'voluntary', where a person or corporation applies to be made
bankrupt (in the UK, this is called 'voluntary liquidation')
BANK TRANSFER: an act of moving money from a bank account to another account.
BARGAIN: 1. an agreement on the price of something
2. something which is cheaper than usual (NOTE: you bargain with someone over or about or for something)
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